Cantaloupe Inc. Introduces ePort® Engage Combo

Rhea-AI Summary

Cantaloupe, Inc. (NASDAQ: CTLP) has introduced the ePort Engage Combo, an advanced digital payment solution for the unattended retail market. This device combines a card reader, telemeter, and touchscreen in one unit, fitting over existing bill acceptors. It supports various payment methods, including cash, EMV chip, and mobile wallets, enabling retailers to enhance consumer interaction. Following the shipment of over 14,000 ePort Engage devices in the second fiscal quarter, the company aims to facilitate seamless payment experiences for autonomous retail.

Positive

• Successful shipment of over 14,000 ePort Engage devices in Q2.
• Innovative all-in-one device includes card reader, touchscreen, and telemeter.
• Supports multiple payment methods, enhancing consumer engagement.

Negative

• None.

The latest addition to the ePort series and the evolution of buy-it-and-go retail

MALVERN, Pa.--(BUSINESS WIRE)-- Cantaloupe, Inc. (NASDAQ: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, today unveiled the ePort® Engage Combo, the latest iteration of Cantaloupe’s ePort series and next generation touchscreen devices.

ePort Engage Combo, Cantaloupe's next-generation touchscreen digital payments device for autonomous retail. (Photo: Business Wire)

The ePort Engage Combo provides an all-in-one card reader and telemeter, digital touchscreen and payment platform that is simple to install directly over the existing bill acceptor. The new series is ideal for customers with machines that have limited space to install a card reader and are still wanting to give consumers the flexibility to pay using cash, EMV chip or contactless, magstripe, or mobile wallet.

EPORT ENGAGE COMBO KEY FEATURES:

• All-in-one card reader and telemeter.
• 2.5” edge-to-edge touchscreen.
• Fits over machine bill acceptor.
• Cashless acceptance including EMV chip/contactless, NFC/RFID, magstripe, and mobile wallet.
• Supports Coinco and MEI bill acceptors.
• Compatible with US and Canadian bills.
• Verizon or AT&T Supported.
• Anti-tamper security.
• PCI-PTS 5.X Certified.

“We recently announced that we shipped more than 14,000 ePort Engage devices during our second fiscal quarter. The strong interest in our ePort Engage Series shows operators are benefiting from our next-generation solutions that enable them to optimize consumer engagement,” states Ravi Venkatesan, Chief Operating Officer of Cantaloupe Inc. “Our Engage Combo enables us to expand upon the success of the ePort Engage Series and equip all machines with the ability to seamlessly accept most forms of payments, whether it is cash, debit, credit or mobile wallet through a captivating, interactive device that is easy to install. We are thrilled to introduce the Engage Combo, enabling all buy-it-and-go retailers to offer the autonomous retail experiences customers expect.”

Cantaloupe’s ePort Engage series was first introduced in May of 2021 to give retailers the ability to captivate consumers in new ways and enable truly frictionless purchasing. Through the Engage Series Combo, customers will be able to pay with any method they prefer, including tap-to-pay, chip insert, swipe or mobile wallet. All ePort technologies connect to the Seed™ software platform, giving unattended retailers the ability to streamline operations and drive profitability.

To learn more about the ePort Engage Combo click here or contact sales directly at +1 (800) 770-8539, or email sales@cantaloupe.com.

Useful Links:

Cantaloupe: https://www.cantaloupe.com/

Blog: https://www.cantaloupe.com/blog/

Podcast: https://www.cantaloupe.com/urtechinsiders/

LinkedIn: https://www.linkedin.com/company/cantaloupeinc/

Resource Center: https://www.cantaloupe.com/resources/

Twitter: https://twitter.com/cantaloupeinc

YouTube: https://www.youtube.com/channel/UCTGQNcXUydcOHLZiuIEPuaw

About Cantaloupe Inc.

Cantaloupe, Inc. is a software and payments company that provides end-to-end technology solutions for the unattended retail market. Cantaloupe is transforming the unattended retail community by offering one integrated solution for payments processing, logistics, and back-office management. The company’s enterprise-wide platform is designed to increase consumer engagement and sales revenue through digital payments, digital advertising and customer loyalty programs, while providing retailers with control and visibility over their operations and inventory. As a result, customers ranging from vending machine companies to operators of micro-markets, gas and car charging stations, laundromats, metered parking terminals, kiosks, amusements and more can run their businesses more proactively, predictably and competitively.

G-CTLP

View source version on businesswire.com: https://www.businesswire.com/news/home/20220330005059/en/

Media and Investor Relations Contacts for Cantaloupe, Inc:

Sarah Toomey

RH Strategic Communications

stoomey@rhstrategic.com

Investor Relations:

ICR, Inc.

CantaloupeIR@icrinc.com

Source: Cantaloupe Inc.

FAQ

What is the ePort Engage Combo from Cantaloupe, Inc.?

The ePort Engage Combo is a next-generation digital payment device designed for unattended retail, combining a card reader, telemeter, and touchscreen.

How many ePort Engage devices were shipped in Cantaloupe's second fiscal quarter?

Cantaloupe shipped over 14,000 ePort Engage devices during its second fiscal quarter.

What payment methods does the ePort Engage Combo support?

The ePort Engage Combo supports cash, EMV chip, contactless payments, magstripe, and mobile wallet transactions.

What is the purpose of the ePort Engage Combo for retailers?

The ePort Engage Combo enables retailers to provide seamless and flexible payment options, enhancing consumer engagement in unattended retail environments.